Concho Resources Inc. Announces Participation in the UBS Global Oil & Gas Conference

Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its participation in the upcoming UBS Global Oil & Gas Conference in Austin, Texas on Thursday, May 22, 2008 at 12:30 pm CT.

The presentation for this event will be available on Concho's website, www.conchoresources.com, prior to the speaking time. Additionally, the conference presentation will be webcast, and can be accessed through the Company website.

About Concho Resources Inc.

Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. The Company's conventional operations are primarily focused in the Permian Basin of Southeast New Mexico and West Texas. In addition, the Company is involved in a number of unconventional emerging resources plays.

SOURCE: Concho Resources Inc.

Concho Resources Inc.
Jack Harper, 432-683-7443
Vice President - Capital Markets and Business Development